Robin Greenwood

George Gund Professor of Finance and Banking

Robin is the George Gund Professor of Finance and Banking at Harvard Business School and the Faculty Chair of the Behavioral Finance and Financial Stability project. He works in behavioral and institutional finance, with a particular focus on "macro-level" market inefficiencies. He received a Ph.D. from Harvard in Economics, and B.S. degrees in Economics and Mathematics at MIT. He has taught in both years of the MBA curriculum as well as the PhD program. He was the chair of the Finance for Senior Executives Program, developed the Behavioral and Value Investing Elective Course, and is now the coursehead for the first semester of finance in the MBA program.  He is a Research Associate at the National Bureau of Economic Research and an editor of the Review of Financial Studies.

Behavioral Finance and Financial Stability Project

Link to Personal Webpage 
Link to List of Outside Activities

  1. Behavioral Finance and Value Investing

    by Robin Greenwood

    I teach a case-based MBA-level course on Behavioral Finance and Value Investing. The course was last offered in the spring of 2009 and will be offered spring 2010.

    If you are an instructor, please email ( or call me for a syllabus and cases and teaching notes.

    The course is organized around the following short modules, with a few cases in each module:

    [1] Introduction (Stock Price Manipulation; Closed End Fund Discounts)

    [2] Investor Psychology

    [3] Limits of Arbitrage (The Perfect Arbitrage Ideal; Imperfect Substitutes; Limited Capital; Short-sales Constraints)

    [4] The Corporate Response

    [5] Quantitative Investment Management

    [6] Special Situations and Value Investing